After Passionfruit, UNIIQ invests €350K in Dutch agtech startup Bionomic: Know more

The Hague-based UNIIQ, an investment fund focused on the proof-of-concept phase, announced on Thursday, that it has invested €350K in Bionomic, a Dutch agtech company.

The investment comes around a month after UNIIQ invested €2.5M in seven startups and signed a partnership with TNO, an independent organisation for applied research. 

The seven startups, which also include Bionomic, are:

• iProtics
• Passionfruit 
• Hypersoniq
• GEHECO
• Spatialise
• XS Innovations

Diederik Mud, CEO of Bionomic, says, “This investment will allow us to further validate our technology and scale up production capacity. Our mission is to provide farmers with an effective and sustainable alternative to the control of harmful plant pathogens.”

Bionomic: Providing environmentally friendly biopesticides

Based out of Oegstgeest, the Netherlands, Bionomic focuses on the development of environmentally friendly biopesticides.

Unlike traditional chemicals, which are often harmful to bees, soil life, and the aquatic ecosystem, the company’s biopesticides work specifically against plant pathogens such as Fusarium oxysporum.

The company uses natural, biodegradable components to help preserve biodiversity and prevent the build-up of harmful residues.

UNIIQ: Focused on “proof-of-concept”

UNIIQ is a €50M investment fund focused on the “proof-of-concept” phase. UNIIQ assists entrepreneurs in South Holland in bringing their innovative ideas to market more quickly.

The fund is managed by a team of investment specialists, including Innovation Quarter, Leiden University, Erasmus MC, and TU Delft. 

Since 2021, the company has committed resources to Early Phase Financing (VFF), and an application for VFF is made using its proven investment methodology.

Jasper Geselschap, fund manager of UNIIQ at InnovationQuarter, says, “We are delighted to invest in Bionomic, which is taking innovative steps in making agriculture more sustainable. Their technology has the potential to achieve significant environmental gains while reducing economic losses in the agricultural sector.”